Interarms from RIAC

[alvin]

I bought a plain one 20 years ago, NIB, an AE 4" 9m/m with Swiss style grip. Same as lot #3720. The cost was $700 at that time. This type could go higher in RIAC, but seller listed too many in one auction session. The market is only that big, so ... it went under low estimate.

#3718 (my invested commemorative pair) was $2500, total cost is probably $3000.
#3719 (a plain 6" AE 9mm) was $2000, total cost is $2300 - $2400.
#3720 (a plain 4" AE 9mm) was $2000, total cost is $2300 - $2400.

The unit price of commemorative is actually $800 lower than a plain one. That's a little bit weird. I would only consider pairs or trios due to unit price is a few hundred dollars lower. If I resell them this year, I should ask $2300 each, still much much lower than Simpson LTD's list price, but with $800 profit per gun. That's not very attractive though. I probably will store them longer -- although most Interarms are NIB, but NIB vs NIB still has minor difference -- NIB with a white box in this mint shape is not on gunbroker.com every week. Only $3000, equivalent of a common variation broomandle's cost.

Regarding Don's comments on 'If you want an "investment" you should stick to what you know- i.e. broomhandles' -- actually, I did. In that domain, I could earn more per gun. But excellent / rare broomhandles in low low cost need time to come, the volume is tiny. RIAC did list a few this session, but I did not bid on any.

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[Edit] Just reviewed their C96 in Day 3. Lot #3510 Bolo is OK. Lot #3508 M1930 is a good gun, but this condition is common in M1930 category, ,,,the condition is not outstanding, but the price is outstanding, for trading, it's not a good candidate.. Lot #3509 is a joke, isn't this a poor reblue? Coming with a letter of $50 does not make it a $4250 + 15%.

In short, these broomhandles listed in this session are not as attractive as those Interarms